Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 286 to 254.8.
Financials
Financial year 2025
HENCO INDUSTRIES from Herentals, company number BE0443598222, closed financial year 2025 with a result of € 11.2 million after tax. For that financial year HENCO INDUSTRIES recorded revenue of € 116.9 million and equity of € 62.8 million. Compared with financial year 2024, the result moved from € 14 million to € 11.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 62.8 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.2 million
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 11 million
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
89 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
254.8
▼ 6.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 25.3 million
▲ 4% vs 2024
€ 99,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.2 million
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 18.8 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 96 days on average.
€ 2.6 million
▼ 26% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 160,736,267 | € 133,970,962 | € 121,982,020 | € 116,902,861 | ▼ 4% |
| Profit after taxes | € 28,184,960 | € 20,406,360 | € 13,959,821 | € 11,194,041 | ▼ 20% |
| Equity | € 62,253,551 | € 57,659,911 | € 61,619,731 | € 62,813,773 | ▲ 2% |
| Total debts | € 54,197,699 | € 50,241,136 | € 28,777,519 | € 31,627,863 | ▲ 10% |
| Cash | € 32,700,646 | € 31,749,667 | € 8,329,780 | € 11,049,380 | ▲ 33% |
| Land & buildings | € 18,746,119 | € 18,169,832 | € 18,604,758 | € 18,330,317 | ▼ 1% |
| Retained profit | € 52,337,810 | € 47,744,170 | € 51,703,990 | € 52,898,032 | ▲ 2% |
| Dividend | € 20,000,000 | € 25,000,000 | € 10,000,000 | € 10,000,000 | |
| Balance sheet total | € 116,451,249 | € 107,901,047 | € 90,397,251 | € 94,441,636 | ▲ 4% |
| Employees (FTE) | 303.3 | 286 | 261.1 | 254.8 | ▼ 6.3 |
Key figures of HENCO INDUSTRIES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HENCO INDUSTRIES?
What happened at HENCO INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wim Verhoeven stepped down as director. NBB
- Leendert Frans den Houter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11.2 million (▼ 20% vs 2024). Source: NBB ↗
- Leendert Frans den Houter became a director. NBB
- Wim Verhoeven became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 28.2 million profit in 2022 to € 11.2 million profit in 2025.
Paid € 21.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 28.2 million profit.
Paid out € 65 million in dividends to the owners in total.
Management
The shares are held by Aalberts Europe B.V.. It owns 100% of Henco Rus and 100% of Henco Immo itself.
Directors
According to the 2025 annual accounts
since 2017 · until 2031
Leendert Frans den Houter
Director
since 2025 · until 2031
Shareholders
Aalberts Europe B.V.
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Toekomstlaan(HRT) 27
2200 Herentals
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Barracuda
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0443.598.222
- VAT number
- BE 0443.598.222
- Registered office
- Toekomstlaan(HRT) 27, 2200 Herentals
- Names & denominations
- HENCO INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 1991
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- henco.be
- Activities · NACE
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